The story picked up by some Western media has confused the timeline and linked the import expo to current China-U.S. trade tensions. Why does Western media always speculate that there must be certain political ends behind such events, especially when they are intended to benefit all?

As China-proposed Belt and Road Initiative (BRI) extended its footprint, launching investment projects along both the ancient Silk Road as well as across the entirety of Eurasia and Africa, Washington saw an urgent need to counter China’s projection of influence. The BUILD Act is America’s belated response to BRI.

China does not need and will not seek a release of pressure on commodity exports by guiding the RMB to unilaterally depreciate sharply. In fact, this is also unfavorable to China in its efforts to attract foreign investment and enhance its import capacity.

“China got Sri Lanka to cough up a port,” said the New York Times in a widely quoted article published on June 25, 2018.The article claimed, “Every time Sri Lanka’s President Mahinda Rajapaksa turned to his Chinese allies for loans and assistance with an ambitious port project, the answer was yes.

Will China turn Australia into a “puppet state”? Sensible people might scoff at such a notion. But a professor from Australia wrote a book, detailing the infiltration of Chinese influence into Australia. His hostile remarks on China do not represent the views of all Australians. An Australian scholar has rebutted the claims.

It is hard work to gain a full understanding of Xi’s report. But there is a much easier way. Read The Economist’s coverage of the congress, which is considerably shorter in length, and bet on the opposite being true.